Reuters: Enterprise sells condensate to Mitsubishi in second Asia deal

|About: Enterprise Products Partner... (EPD)|By:, SA News Editor

Enterprise Product Partners (EPD +0.2%) reportedly has found a second buyer in Japan for its condensate, paving the way for more exports from the U.S. to Asia to meet growing demand.

Reuters says EPD has signed a short-term contract to sell condensate to Mitsubishi, less than two weeks after it sold its first cargo to Mitsui.

The first cargo to Mitsubishi reportedly may load in September and could be of a bigger volume than the 400K barrel cargo Mitsui will be lifting later this month.